Cocoa Prices Slide As ICE Inventories Hit 1.75-Year High And Pre-Holiday Liquidation Mounts
From the article
September ICE NY cocoa (CCU26) closed down 1.10% on Thursday, while September ICE London cocoa (CAU26) fell 1.86% as traders squared positions ahead of the U.S. market holiday. Pre-weekend liquidation drove selling pressure across both New York and London cocoa markets, with losses in London accelerating after the British pound climbed to a two-week high […] The post Cocoa Prices Slide As ICE Inventories Hit 1.75-Year High And Pre-Holiday Liquidation Mounts appeared first on Foreign Policy Journal .
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